20+ Years Experience
Specialist Energy Brokers
We are specialist energy brokers who have worked with thousands of people and companies throughout the UK.
With specialists based throughout the UK we can offer competitive prices and in March 2024 are able to get costs to you very quickly.
As energy brokers, we have worked with dozens of major UK companies that have needed to refresh their business energy contracts or energy suppliers. If your business is stuck in an existing energy contract with no alternative options, we can offer you better rates and an easy switch-over in March 2024.
For almost every business, energy broker cnotracts are important. They supply your business with the energy that it uses for a specified rate, along with other services or features that might be specific to certain business energy brokers.
A business energy broker is exactly what the name suggests – business energy brokers sell business energy. Prices vary, especially between gas and electric business energy options, but each business energy broker exists to sell you one or both of those options (and sometimes more).
More specifically, an energy broker allows you to compare different suppliers. The energy broker itself is not providing the electricity but is getting you the contracts for different suppliers and letting you choose a new supplier each time.
An energy broker is all about the contracts involved in business electricity and gas suppliers. These contracts are the basis of the agreement that leads to you getting the electricity and gas you need, so without them, your business might not have either.
Our brokers are energy procurement specialists that will help you get an idea of the energy supplier options you can choose from.
You can get gas and electricity from your current supplier directly, with a standing charge every time you pay. A new supplier might have a lower standing charge or a cost that jumps between a standing charge and live prices, but the product is the same.
An energy broker will present you with multiple of these electricity suppliers and help you choose one. A good energy broker like us will always chase the best deal, but other energy brokers might aim for their own profits.
Some energy broker companies can offer green energy. Green energy brokers are just like standard energy brokers, but with a focus on using clean energy as often as possible for your business electricity.
If you would like to receive even more information on Energy Broker services in Loughton, make sure you get in touch with us today!
The average business electricity prices depend on the size of the business. For a Micro business the average annual price is £900 – £2,244, for a small business the average annual price is £2,367 – £3,660 and for a Medium business the average annual price is between £3,774 – £7,234
The UK has one of the more open energy markets in the world. For a business, energy brokers are interchangeable, and you can swap from one commercial energy broker to another commercial energy broker practically overnight.
But what are the benefits of changing your energy company?
A new energy supplier might be cheaper than your current business energy broker, and cheaper energy contracts mean lower prices. We love energy savings and try to offer the best prices possible in Loughton for each energy contract we get.
The cost is the core of the issue for many people. The cheaper your power is, the more you can afford to pay for it, which allows you to expand your business or save up more money for other uses.
It is not just about the cost. Many business energy customers want to unify their UK businesses and make each property use the same business energy broker. This makes it a lot easier to pay energy bills across the entire company.
Not all energy brokers pay much attention to their clients unless they are waiting to be paid. We can occasionally offer energy audits that look for ways to make your energy consumption more efficient and to check your current energy usage.
If you are having issues with existing business energy suppliers, you can simply go back into the energy market and find a new electricity company. For example, our first-class customer service in Loughton and cheaper electricity costs can completely blow other poor business energy companies out of the water.
Not all business energy brokers are able to offer services beyond being energy suppliers. This means that they are good for energy procurement and electricity, but nothing more, and this can make them a lot harder to rely on if you try to expand or change your business.
Extra services can be incredibly useful. For example, when we create a new contract, we can set each client up with a dedicated account manager that helps them manage bill validation, contract renewal reminders and their electricity costs after the switch.
While energy brokers can give you contracts, how many energy brokers actually explain what to look for? Like any good commercial utility broker, we can explain exactly what each part of your potential contract means.
Understanding what makes a contract worth using is important for getting good prices and a reliable supplier, especially if you are heavily limited by your current contract or are struggling to keep making the payments at your current price.
The less you have to spend on your energy, the cheaper the entire process becomes. Since you need energy, this is important in the business electricity and gas market.
It is important to remember that cost savings are not always contract-related. Low energy savings might come from making a change to your in-house resources and energy efficiency.
Some contracts have fixed lengths and then have to be renewed afterwards. If you want a better deal, you might have to wait for your current electricity contract to expire.
While businesses can jump to new energy clients whenever they want, they might have to pay a fee to the current suppliers for breaking the contract early.
Keep this in mind when looking through the contracts that we can broker – a long contract length is not always better.
However, there are cases where suppliers have long contracts that save you money in the long term.
As brokers, we see occasional contracts from suppliers that allow new customers to keep a set unit rate for their electricity and gas, even if the energy cost would normally increase in the following year.
This means that you can keep low energy savings by sticking to the same unit rates even if the prices normally increase, making it cheaper to get your energy with that contract. When you renew, though, the new energy prices will apply.
There are a lot of services in Loughton to consider when looking through the contracts that we broker. Some businesses are purely about providing energy and nothing more, while another business might have services that a new client does not expect.
Some energy businesses might offer to provide improvements and upgrades to your energy system, helping you save money by boosting your energy efficiency.
This can also come as part of the usual meter-reading services, where the business will send a specialist out to look at your meter and occasionally provide suggestions for improving how you use your energy.
Some energy suppliers may be willing to help you with certain repairs and improvements that need to be made for the switch to work. This can be most notable in buildings with outdated energy systems.
Remember that this is not that common, so you should not rely on it. If you need serious repairs, get them done before trying to switch.
Knowing the ongoing cost of your energy is important, and when we broker contracts, there is no guarantee that businesses will stick to one price. Make sure to read the cost information carefully.
For example, a business might have one cost for using energy below a certain limit, then another cost for using electricity above that limit. Other businesses may also have vastly different rates for using gas.
At Energy Broker, we can assist you on the best options in Loughton available. Make sure you contact us today for a number of great Energy Broker services.
If you are interested in switching and love energy savings, then we can help you broker a good deal that will help you get the best contracts in Loughton on the market. Whatever your industry, switching is always the same basic process.
Before you can get started with making the business electricity switch, you need to work with our account manager to get all relevant personal data safely stored away. This personal data helps us broker the right contracts.
The address of your business changes which business electricity sellers, tariffs and other details will apply to you.
We need to know about your current energy supplier. This does not mean their average salary or their contract details: things like the name of your current tariff and the amount that you are paying on average, if possible.
The more we know about how much electricity and gas you actually use, the easier it becomes for us to act as good brokers when looking through the market. We can tailor the contracts to your needs and the average usage of both.
If you can’t tell us how much energy you use, either because it is always so different between workdays or because you just moved into that property, then tell us about the building and your company instead. This is less accurate but is still better than nothing.
If you want to pay for contracts right away, then it is a good idea to get payment info set up with us as soon as possible. We will also need it for any paid services we use for new clients.
Once you are all set up, you need to start comparing the prices between contracts. Most brokers will aim for similar prices, but as professional brokers, we also know that some businesses need more extreme options as a reference point.
Either way, take a look at each contract in the industry and see how you feel about it. The market has a lot of different options out there, so do not rush.
A fixed tariff cost customers the same amount until the contract is up. These are often short contracts but can protect you from spikes in gas prices or major changes to the industry averages. They also do not drop lower if gas gets cheaper, however.
This tariff changes whenever the company (or industry) lowers or raises its prices. You still get 30 days; notice, allowing customers to change to another energy business if they feel like that is a cheaper option.
A dual tariff is simply a tariff that includes both gas and electricity from one business. These can be handled separately by the business or as one consistent cost.
This can also be another type of tariff at the same time, so they are not necessarily exclusive to one another. If there is anything that you do not understand, our experts can explain it to you properly, making it easier to choose a contract that works for you.
A time-use tariff changes the rates depending on when you use your energy. A business that does this will often use smart meters to track your usage based on time.
Once you switch, you simply have to let the process go ahead. Most energy business options will take about sixteen days or eighteen for a gas business. You can’t easily save time here, but most businesses will be as quick as possible.
There is often a cooling-off period of around fourteen days where you can freely change your mind. This will not help you save time, but it is worth having anyway, in case a business turns out to be less useful than expected.
As a ‘utility bidder’, you have to remember that you are putting your own money on the line. A bad contract can be awful for your company, especially if the company is not offered by a broker certified by something like the Utilities Intermediaries Association.
We are professional brokers, and we attempt to help all of our client businesses, from the most experienced utility bidder to the simplest, smallest business. Everybody needs power, and getting a good contract is important for making sure that the end results are positive.
If you are still interested in switching, then you can use the contact form on our website to get in touch with us directly and start explaining your needs.
We can start sending you alerts for new contacts in the same way that other businesses send job alerts (like a job alert getting sent every time something relevant comes up) or talk you through existing contracts that might be similar to what you need.
Remember to always think over your contracts carefully before deciding on anything. You are a utility bidder, waiting for contracts that you can use to get your own energy and power.
Energy brokers can often help you secure the best value contract for your business by comparing offers from a wide range of suppliers. They also deal with account queries direct with suppliers to ensure clients are free to work within their own business. Brokers can also provide a wide range of other services such as bill validation, data analysis and energy management services, site works and metering.
A lot of brokers use a commission-based payment method.
Opting for green energy will reduce your carbon footprint of your business it can also improve brand image and retain your customers that are environmentally conscious making it a valuable marketing tool.
If something goes wrong, the business (or the government) will usually compensate you. However, this depends on what the issue actually is and who might be at fault for it.
For example, if a business fails to send you the bill, or a business switches you without permission, then that business usually ends up compensating you.
However, delays in switching might not always be compensated, especially if you still have power during that time. You will need to tell the supplier about the issue before you can receive any compensation since they may not be aware that anything is wrong.
Make sure you contact us today for a number of great Energy Broker services in East of England.
Here are some towns we cover near Loughton.Waltham Abbey, Chingford, Waltham Forest, Walthamstow, Redbridge
We absolutely love the service provided. Their approach is really friendly but professional. We went out to five different companies and found Energy Broker to be value for money and their service was by far the best. Thank you for your really awesome work, we will definitely be returning!Nathan Wright
We have used Energy Broker for many years as they are certainly the best in the UK. The attention to detail and professional setup is what makes this company our go-to company for all our work. I highly recommend the team for the immense work - we highly recommend them!Jay Hudson
For more information on Energy Broker services in Loughton, fill in the contact form below to receive a free quote today.
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